NOT LISTED FOR SALE

261 Sombrero Beach Rd Marathon, FL 33050

Estimated Value: $1,910,000 - $2,281,000

4 Beds
3 Baths
1,755 Sq Ft
$1,182/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $2,175,000 $1,239 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $12,232/month

168 Days on Market

Highlights

  • Beach
  • Dock made with wood
  • Heated In Ground Pool
  • Coral Shores High School Rated A
  • Boat Lift
  • Home fronts a canal

About This Home

As of September 2023

A jewel of its category in both price and design, 261 Sombrero Beach Road is the ideal residence for a second home, full-time home, or vacation rental. Built in 2016, this open-concept canal-front property has been impeccably maintained and is move-in ready. This residence embodies fine coastal living, with four bedrooms and three bathrooms, new furnishings, new interior paint, new light fixtures, an upgraded interior, and exterior electric and shiplap accent walls. Complete with a paver driveway, new landscaping, updated irrigation, and artificial turf; this home is just as stunning outside as it is inside. Ideal for entertaining, 261 Sombrero has outdoor lounging and living, a heated and chilled pool, a boatlift, covered terraces, and storage for all your Keys toys. The lush landscaping makes you feel like you're in a private tropical oasis. Located close to Sombrero Beach in a desirable neighborhood of Marathon, this coastal residence is not one to miss.

Last Agent to Sell the Property

Frank Griffiths

Lokation Real Estate License #SL 3339550 Listed on: 02/01/2023

Lokation Real Estate

Last Buyer's Agent

Gaby Pozzi

Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys License #123456

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $11,852

Year Built

  • Built in 2016

Lot Details

  • 8,894 Sq Ft Lot
  • Home fronts a canal

Parking

  • Garage

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Metal Roof

Interior Spaces

  • 1,755 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Canal Views
  • Dryer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Fiberglass Pool

Outdoor Features

  • Boat Lift
  • Dock made with wood
  • Balcony
  • Deck

Utilities

  • Central Air
  • Separate Meters
  • Public Hookup Available For Sewer
  • Cable TV Available

Listing and Financial Details

  • Minimum Rental Period: 7
  • Assessor Parcel Number 00327000-003100

Community Details

Overview

  • No Home Owners Association
  • Sombrero Properties Subdivision

Recreation

  • Beach
  • Bike Trail

Pet Policy

  • Pets Allowed

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$11,852

Year Built

Built in 2016

Lot Details

8,894 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • As Is Right To Inspect: Yes
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Dockage Dock: Wood
  • Fee Includes: None
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Handicap Access: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Country Club (Sombrero Blvd & Flamingo)
  • Mile Marker: 49.50
  • Min Rental Days: 7.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Beach, Bike Paths
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Sale Terms: Conventional
  • Side: Ocean
  • State Province: FL
  • Taxes: 11852.49
  • Title: Negotiable
  • Vehicle Storage: Garage, Covered Parking
  • Year Built: 2016
  • Alternate Key Number: 9103336
  • Cooling Heating: Central Air, Ceiling Fans(s)
  • Lot Sq Ft: 8894.00
  • Pool Info: In Ground, Fiberglass
  • Pool Info Heated: Yes
  • Porch Balcony: Open Porch/Balcony, Deck
  • Species List: No
  • Tax Exemptions: None
  • Building Style Above Flood: Unknown
  • Estimated Living Sq Ft: 1755.00
  • Financial Status Auction: No
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: MobileManufactured

Interior Features

  • Interior Amenities: Drapes/Blinds Incl, Granite Counter Top, Window Treatments, Smoke Alarms
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: Dryer, Stainless Steel Appliance(s), Disposal, Microwave, Oven, Range, Refrigerator, Dishwasher
  • Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
  • Total Bedrooms: 4

Exterior Features

  • Dockage: Boat Lift
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Construction: Modular
  • Roof: Metal Roof
  • Waterview: Canal View
  • Pool: Yes

Utilities

  • Utilities: FKAA, Water Separate Meter, Cable Available, Elect Separate Meter, Buyer to Verify, Municipal Sewer

Lot Info

  • Deed Restrictions: No
  • Flood Zone: AE
  • Parcel Number: 00327000-003100
  • Land Size: Less Than 1/4 Acre
  • Acres: 0.08

Rental Info

  • Rentals Allowed: Yes
  • Furnished: Furnished

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Sep 8, 2023
Sold by
Wallschlaeger Steven and Wallschlaeger Tracey
Bought by
Murphy Keith and Murphy Beth
Seller's Agent
Frank Griffiths
Lokation Real Estate
Buyer's Agent
Gaby Pozzi
Berkshire Hathaway HomeServices Keys Real Estate - Lower Keys
List Price
$2,595,000
Sold Price
$2,175,000
Premium/Discount to List
-$420,000
-16.18%
Views
116
Current Estimated Value
$2,075,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,827
Avg. Annual Appreciation
-1.84%
Original Mortgage
$1,087,500
Outstanding Balance
$1,061,027
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$1,014,146

Purchase Details

Listed on
Apr 26, 2019
Closed on
Aug 26, 2019
Sold by
Aranda Michael D and Aranda Jessica
Bought by
Wallschlaeger Steven and Wallschlaeger Tracey
Seller's Agent
Angela Mitchell, PA
The New Home Spot, Inc.
Buyer's Agent
Angela Mitchell
Florida Keys Real Estate Group
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%

Purchase Details

Closed on
Sep 8, 2015
Sold by
Rerr Unlimited Llc
Bought by
Aranda Michael D and Aranda Jessica
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Murphy Keith $2,175,000 None Listed On Document
Wallschlaeger Steven $1,150,000 None Available
Aranda Michael D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Keith $1,087,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $2,175,000 -9.0% $1,239 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $2,390,000 -0.2% $1,362 / Sq Ft
05/01/2023 05/01/23 Price Changed $2,395,000 -2.2% $1,365 / Sq Ft
04/28/2023 04/28/23 Price Changed $2,450,000 -1.8% $1,396 / Sq Ft
03/23/2023 03/23/23 Price Changed $2,495,000 -1.8% $1,422 / Sq Ft
03/01/2023 03/01/23 Price Changed $2,540,000 -2.1% $1,447 / Sq Ft
02/01/2023 02/01/23 For Sale $2,595,000 +125.7% $1,479 / Sq Ft
08/28/2019 08/28/19 Sold $1,150,000 -6.1% $639 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $1,225,000 -- $681 / Sq Ft
Source: Marathon and Lower Keys Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,219 $1,882,652 $1,226,846 $655,806
2024 $12,852 $1,850,277 $1,203,188 $647,089
2023 $12,852 $1,721,948 $1,115,316 $606,632
2022 $11,852 $1,539,135 $932,811 $606,324
2021 $9,943 $951,399 $407,264 $544,135
2020 $9,409 $912,029 $365,018 $547,011
2019 $7,193 $832,070 $351,499 $480,571
2018 $6,122 $678,401 $327,841 $350,560
2017 $5,672 $633,483 $0 $0
2016 $1,601 $152,245 $0 $0
2015 $504 $104,539 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 604030

APN: 00327000-003100

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